East 42nd Street Office for Lease

Midtown Office Rental - $ Negotiable / 11345 SF.

The following listing is for a raw space (construction underway) space in a class A building, the landlord herein will provide NBI using above standard finishes or give TIA. This office features abundant light from its 14th floor exposure. Otherwise landlord will consider all reasonable divisions. The property itself is centrally located near many of the city's most popular locales; Grand Central Terminal, Bryant Park, Rockefeller Center, and Times Square...

In total - you get a fresh open layout in which to configure your office space / operations; great for any accounting, financial, media, tech, or any other professional use as well as any business looking for an exciting office space in Midtown East Manhattan.

Neighoborhood Information
Midtown Manhattan, or simply Midtown, represents the middle lengthwise portion of the borough and island of Manhattan in New York City. Midtown is home to some of the city's most iconic buildings, including the Empire State Building, the Chrysler Building, and the headquarters of the United Nations.

Midtown Manhattan is the largest central business district in the United States and ranks among the most intensely used pieces of real estate in the world.

Even as some buildings in the core of Midtown are seeing modest rents, the average asking rent for the market overall rose substantially. In Midtown, the city's premier office market, the average taking rent inked with landlords was $75.73 per square foot. Taking rents are increasing as the high end of the market improves, drawing the overall averages upward, but in older buildings in some areas, rents have stalled. Grand Central and the East Side, they are flat year-over-year. Grand Central [for example] tends to be a value play. The availability rate is up slightly in Midtown due to large new availabilities along the Third Avenue and Park Avenue corridors...